LIVE Market Technicals with CK Narayan

If you care to look at technical charts before taking investment/trading decisions in the stock market, this is the place you should be visiting regularly. CK Narayan of Chart Advise, Dalal Street's most seasoned and arguably senior-most expert in market technicals, will share his technical tips on the go right here on this page. Stay logged in!

Petronet LNG a low risk buy
The last six sessions has seen the prices decline on a trot in Petronet LNG. This fall has brought prices to the level of the 38% retracement of the rise form the March low. On intra day charts, the momentum indicators are showing oversold levels. Using the Reversal indicator of Neotrader, we get a buy signal in Petronet. It seems a low risk buy at the current levels. Traders can look to buy with Rs 230 as stop loss.